Which of the Following Statements Is True

question 1

Multiple Choice

Which of the following statements is true?

• A)Open market operations are interventions in the short-term money market by APRA to affect the cash interest rate.
• B)Open market operations are interventions in the short-term money market by the RBA to affect the cash interest rate.
• C)Open market operations are interventions in the long-term capital market by APRA to affect long-term interest rates.
• D)Open market operations are interventions in the long-term capital market by the RBA to affect long-term interest rates.